EFCC Arrests Man for $200,000 Bitcoin Fraud in Lagos, Links Him to Obi Cubana's Company
- The EFCC has arrested Precious Ofure Omonkhoa for allegedly defrauding unsuspecting Nigerians of their hard- earned money to the tune of $200,000 bitcoin
- Omonkhoa reportedly claimed he runs a bitcoin scheme, luring people to invest their money to make huge returns
- Upon his arrest, the suspect allegedly confessed buying a piece of land worth $150,000 through bitcoin from a company owned by Obi Cubana
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Ikoyi, Lagos state - The Economic and Financial Crimes Commission (EFCC) has arrested one Precious Ofure Omonkhoa for an alleged bitcoin investment scam.
A statement on the anti-graft agency's website on Friday, November 12, indicates that Omonkhoa was arrested on Monday, November 8 in the Ikoyi area of Lagos, following credible intelligence received about his illegal activities.
Source: Facebook
The arrested suspect allegedly posed as Moshem Cnich, a Swedish national, to defraud unsuspecting victims of their hard- earned money by claiming that he runs a bitcoin scheme, where people invest money to make huge returns.
The EFCC said its preliminary investigation also revealed that the suspect engaged in a dating scam and had defrauded two victims in Canada.
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Suspects confesses, $50,000 was found in bitcoin wallet
Upon his arrest, Omonkhoa reportedly confessed to have laundered the proceeds of his fraudulent activities by purchasing a piece of land worth $150,000 through bitcoin from CASA-Cubana, a project being run by the Cubana Group.
Upon his arrest, the sum of $50,000 was found in his bitcoin wallet.
The EFCC said it will soon charge the suspect to court.
Cubana Group, the company mentioned by the suspect, is owned by the popular Nigerian business mogul, Obinna Iyiegbu, better known as Obi Cubana
EFCC grills Obi Cubana
The EFCC had recently invited Obi Cubana and grilled him over alleged money laundering and tax fraud.
He was released on Thursday evening, November 4, after spending three nights in the commission's custody.
It is unclear if the EFCC's recent interrogation of Obi Cubana had anything to do with Omonkhoa's alleged fraud.
You have to work for your own soap
Meanwhile, Legit.ng earlier reported that Obi Cubana shared his success tips with Nigerians aspiring to greatness.
The billionaire businessman said in an interview that people who want to be successful should never stop working hard towards achieving such goals.
He said social media made it look like he became a successful man overnight, adding that his business has been in existence for 13 years.
Source: Legit.ng
